> Cohen is already rich rich, his GameStop compensation doesn’t really matter much
I think this argument is much stronger in the opposite direction: if his motivations were not focused on accumulating wealth, he’d be retired or running some kind of charity once he was that far past the point where he had to work. The fact that he’s not suggests that he derives his self-identity from wealth and the guys who do that are rarely satisfied at mid-tier rich.
He wants to be the next Warren Buffett, I believe this is a stated goal, or at least he’s been very clear that this is his inspiration. He wants GameStop to become the next Berkshire.